European Automotive Industry in the Century of Asia

Electromobility in China The production of electric vehicles in China has been growing significantly since 2021. That year, 3.5 million EVs were produced (160% growth compared to the previous year). In 2022, the total EV production in China reached 7.1 million cars (97% growth compared to the previous year), including 6.7 million passenger EVs. Fig. 1.12: EV production in China (million units)

Source: CAAM China’s EV sales in 2022 totalled 6.5 million units, an increase of 94% compared to the previous year. China’s share of global EV sales has long been around 50%. In 2022, China’s share of global EV sales reached 64%. Fig. 1.13: Global EV sales and China’s share (million units, China’s share in %)

Source: IEA, CAAM

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